UAE has attracted $21.6 billion worth of FDI from 2015 to 2018in high-end technology transfers with US, EU $3.9 billion & $5.7 billion respectively.
On March 17, 2019; Dubai was ranked first in attracting foreign direct investments (FDIs) globally for robotics & artificial intelligence while being ranked in index of sixth in index of global Smart Service, surpassing South Korea, UK & US.
AIM 2019 “Annual Investment Meeting” highlights mechanisms & strategies to enhance enhancing tech solutions for drawing FDIs will be held in Dubai from 8th to 10th April.
AIM’s organizers said digitization has been increasingly becoming an important part of globalization besides ranking UAE on top position for robotics & artificial intelligence confirms how Dubai is fast emerging as global destination for smart technologies’ investment.
On the other hand, AI adoption counts 45% of global economy’s total gains by 2030.
Arab world ranks UAE first in terms of expected annual growth of AI contribution at 33.5% to economy that KSA follows by 31.%, 28.8% for the rest of GCC region & 25.5% for Egypt.
“Digital growth is significant to the growth of the economy. In the UAE, it is in line with UAE Vision 2021, which aims to position the country as a top spot for tech investments”
AIM is leading platform for FDI globally that aims to facilitate strategic networking besides promoting investments. Power-packed with international investment community that will help in gathering business leaders, international investors, high-ranking policy makers, leading academics & successful entrepreneurs showcasing up-to-date strategies & information on attracting FDI.
“Disruptive technologies like AI, blockchain, internet of things (IoT) boost productive capacity of countries & also global GDP. To maximize its benefits, countries need to integrate new avenues that will drive more investments in these solutions”